Key cost drivers include panel amperage, indoor vs outdoor location, wiring length, and whether a full panel upgrade or rerouting is needed. Understanding distribution box cost is essential for businesses and property owners planning electrical installations or upgrades. The article outlines cost ranges, per-unit pricing, and practical. The cost of a new panel box depends on the box size, meter/branch requirements, enclosure type, and labor for installation. Even the most skilled DIY homeowners should hire a plumber to tackle the job, which can cost anywhere from $550 to $1,800.